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Dealings in securities by an executive director and prescribed officers of AngloGold Ashanti

Published: 2023-06-27 18:05:25 ET

AngloGold Ashanti Limited
(Incorporated in the Republic of South Africa)
Reg. No. 1944/017354/06
ISIN: ZAE000043485 – JSE share code: ANG
CUSIP: 035128206 – NYSE share code: AU
(“AngloGold Ashanti” or the “Company”)



NEWS RELEASE
DEALINGS IN SECURITIES BY AN EXECUTIVE DIRECTOR AND PRESCRIBED OFFICERS OF
ANGLOGOLD ASHANTI

In terms of JSE Listings Requirement 3.63, AngloGold Ashanti gives notice that an executive director and
prescribed officers have dealt in securities of the Company, after having received clearance to do so in terms
of JSE Listings Requirement 3.66.

The transactions were pursuant to sign-on awards and vested share awards in the Company’s Deferred Share
Plan (DSP). The number of shares allocated has been calculated using the five-day volume weighted average
price of the JSE AngloGold Ashanti share price as well as the five-day USD/ZAR exchange rate prior as
indicated below.

The executive director will receive AngloGold Ashanti shares to the value of US$565,005. US$124,294 of the
award vested on 20 February 2023, and US$32,857, US$154,990, US$37,431 and US$213,433 will each vest
on 1 December 2023, 20 February 2024, 1 December 2024 and 20 February 2024, respectively.

                                   Value of Shares            Value of Shares        Number of AGA
       Vesting date
                                             (USD)                   (ZAR) (1)            shares (2)
       20 February 2023                    124,294                  2,235,470                 7,030
       1 December 2023                           32,857                   590,825                    1,858
       20 February 2024                       154,990                 2,787,500                      8,766
       1 December 2024                         37,431                   673,185                      2,117
       20 February 2025                       213,433                 3,839,093                     12,073
       TOTAL                                  563,005               10,126,074                      31,844
     (1)
         Exchange rate five-day USD/ZAR exchange rate prior to 23 February 2023: 1 USD: 18.01 ZAR
     (2) JSE five-day VWAP prior to 23 February 2023: ZAR 317.99



The Company has awarded the first tranche of the sign-on bonus to the executive director as detailed below,
following an on-market purchase of AngloGold Ashanti shares by the Company:

 Name of executive director                               Gillian Doran
 Name of company                                          AngloGold Ashanti
 Nature of transaction                                    Off market receipt of the first tranche of the sign-on bonus
 Class of security                                        Ordinary shares
 Date of transaction                                      21 June 2023
 Number of shares purchased and awarded                   7,030
 Price per share                                          R426.6528
 Value of transaction (excluding brokerage and            R2,999,369.18
 other fees)


                                                              1
 Nature and extent of interest                          Direct beneficial
 Prior clearance to deal                                Obtained

A prescribed officer, Terry Briggs, will receive AngloGold Ashanti shares to the value of US$889,800.
US$408,809 of the award vested on 1 April 2023, and US$255,878 and US$225,113 will each vest on 1 April
2024 and 1 April 2025, respectively.

                                    Value of Shares           Value of Shares          Number of AGA
      Vesting date
                                              (USD)                  (ZAR) (1)              shares (2)
      1 April 2023                          408,809                 6,632,904                  21,595
      1 April 2024                            255,878                 4,151,747                  13,517
      1 April 2025                            225,113                 3,652,628                  11,892
      TOTAL                                   889,800               14,437,279                   47,004
    (1)
           Exchange rate five-day USD/ZAR exchange rate prior to 10 May 2022: 1 USD: 16.15 ZAR
    (2)   JSE five-day VWAP prior to 10 May 2022: ZAR 307.15

The Company has awarded the first tranche of the sign-on bonus to the prescribed officer as detailed below,
following an on-market purchase of AngloGold Ashanti shares by the Company:

 Name of prescribed officer                             Terry Briggs
 Name of company                                        AngloGold Ashanti
 Nature of transaction                                  Off-market receipt of the first tranche of the sign-on bonus
 Class of security                                       Ordinary shares
 Date of transaction                                    21 June 2023
 Number of shares purchased and awarded                 21,595
 Price per share                                        R426.6528
 Value of transaction (excluding brokerage and          R9,213,567.22
 other fees)
 Nature and extent of interest                          Direct beneficial
 Prior clearance to deal                                Obtained

A prescribed officer, Lisa Ali, received AngloGold Ashanti shares to the value of US$837,346. US$384,991 of
the award vested on 1 November 2022 and US$452,355 on 1 April 2023.

                                    Value of Shares           Value of Shares
      Vesting date                                                                   Number of AGA shares (2)
                                              (USD)                  (ZAR) (1)
      1 November 2022                       384,991                 6,246,510                             20,337
      1 April 2023                            452,355                 7,339,656                           23,896
      TOTAL                                   837,346               13,586,166                            44,233
    (1)
          Exchange rate five-day USD/ZAR exchange rate prior to 10 May 2022: 1 USD: 16.15 ZAR
    (2)   JSE five-day VWAP prior to 10 May 2022: ZAR 307.15


The Company has awarded the first tranche of the sign-on bonus to the prescribed officer as detailed below,
following an on-market purchase of AngloGold Ashanti shares by the Company:


 Name of prescribed officer                             Lisa Ali
 Name of company                                        AngloGold Ashanti
 Nature of transaction                                  Off-market receipt of the sign-on bonus
 Class of security                                       Ordinary shares
 Date of transaction                             21 June 2023
 Number of shares purchased and awarded          44,233
 Price per share                                 R426.6528
 Value of transaction (excluding brokerage and   R18,872,133.30
 other fees)
 Nature and extent of interest                   Direct beneficial
 Prior clearance to deal                         Obtained

On 4 March 2022, the Company released an announcement on SENS regarding a sign-on bonus awarded to
Marcelo Godoy, a prescribed officer.

The Company has awarded the second tranche of the sign-on bonus to the prescribed officer as detailed
below, following an on-market purchase of AngloGold Ashanti shares by the Company:


 Name of director                                Marcelo Godoy
 Name of company                                 AngloGold Ashanti
 Nature of transaction                           Off-market receipt of the second tranche of the sign-on
                                                 bonus
 Class of security                               Ordinary shares
 Date of transaction                             21 June 2023
 Number of shares purchased and awarded          37,574
 Price per share                                 R426.6528
 Value of transaction (excluding brokerage and   R16,031,052.31
 other fees)


 This transaction was pursuant to vested share awards in the Company’s DSP.


 Name of director                                Marcelo Godoy
 Name of company                                 AngloGold Ashanti
 Nature of transaction                           Off market exercise of vested DSP awards
 Class of security                               Ordinary shares
 Date of transaction                             26 June 2023
 Number of shares purchased and awarded          2,036
 Price per share                                 R417.7305
 Value of transaction (excluding brokerage and   R850,499.30
 other fees)
 Nature and extent of interest                   Direct beneficial
 Prior clearance to deal                         Obtained

Related taxes have been paid by the executive director and prescribed officers by selling a portion of the
shares allocated to them by the Company as detailed below:
SHARES SOLD TO SETTLE TAX COSTS


 Name of company                                   AngloGold Ashanti
 Nature of transaction                             On-market sale of shares to fund tax liability in relation to
                                                   costs incurred with the sign-on awards
 Class of security                                  Ordinary shares
 Date of transaction                               26 June 2023
 Name of executive director                        Gillian Doran
 Number of shares sold                             2,614
 Price per share                                   R417.7305
 Value of transaction (excluding brokerage and     R1,091,947.53
 other fees)
 Name of prescribed officer                        Terry Briggs
 Number of shares sold                             8,028
 Price per share                                   R417.7305
 Value of transaction (excluding brokerage and     R3,353,540.45
 other fees)
 Name of prescribed officer                        Lisa Ali
 Number of shares sold                             19,443
 Price per share                                   R417.7305
 Value of transaction (excluding brokerage and     R8,121,934.11
 other fees)
 Name of prescribed officer                        Marcelo Godoy
 Number of shares sold                             14,728
 Price per share                                   R417.7305
 Value of transaction (excluding brokerage and     R6,152,334.80
 other fees)
 Nature and extent of interest                     Direct beneficial
 Prior clearance to deal                           Obtained



ENDS

27 June 2023
Johannesburg
JSE Sponsor: The Standard Bank of South Africa Limited



Media
Andrea Maxey               +61 08 9435 4603/ +61 400 072 199       amaxey@anglogoldashanti.com
General inquiries                                                  media@anglogoldashanti.com

Investors
Andrea Maxey               +61 08 9435 4603/ +61 400 072 199       amaxey@anglogoldashanti.com
Yatish Chowthee            +27 11 637 6273 / +27 78 364 2080       yrchowthee@anglogoldashanti.com

Website: www.anglogoldashanti.com

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.